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This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 1451. |
The practice of selling same product to different persons at different price is called |
| A. | Price discrimination |
| B. | Price rigging |
| C. | Price manipulation |
| D. | Price Justification |
| Answer» B. Price rigging | |
| 1452. |
………….. is a situation in which it is not possible to make someone better off without making someone worse off |
| A. | Social efficiency |
| B. | Production efficiency |
| C. | Distribution efficiency |
| D. | Pareto efficiency |
| Answer» E. | |
| 1453. |
While considering the seven leadership styles described by the leadership continuum, all of the following are variables that need to be considered for a manager, EXCEPT, |
| A. | manager's preferred style based on experience. |
| B. | manager's preferred style based on expectation. |
| C. | manager's preferred style based on knowledge. |
| D. | manager's preferred style based on confidence in upper management. |
| Answer» E. | |
| 1454. |
Behaviour, power, and conflict are central areas of study for _____________. |
| A. | Sociologist |
| B. | Anthropologists |
| C. | Social psychologists |
| D. | Operations analysts |
| Answer» B. Anthropologists | |
| 1455. |
If prices of petrol rises from `40. To `48 per lt., the demand for cars falls from 60 per month to 45 permonth, the cross elasticity of petrol and Car is |
| A. | 1.5 |
| B. | 1.25 |
| C. | 1.0 |
| D. | 1.59 |
| Answer» C. 1.0 | |
| 1456. |
Assume Samantha likes hot dogs and hamburgers equally, and the price of hamburgers (a normalgood) declines. She will most likely purchase more hamburgers; this is |
| A. | a reflection of the income effect |
| B. | a reflection the substitution effect |
| C. | a reflection of the income and substitution effects |
| D. | None of above |
| Answer» C. a reflection of the income and substitution effects | |
| 1457. |
Discrepancy between existing and a desired state of affairs is called: |
| A. | Opportunity |
| B. | Solution |
| C. | Weakness |
| D. | Problem |
| Answer» E. | |
| 1458. |
Increase in price of a product reduces the purchasing power as a result of which demand for a product goes up. This effect is known as |
| A. | Substitution effect |
| B. | Income effect |
| C. | Diminishing marginal utility concept |
| D. | Law of diminishing returns |
| Answer» C. Diminishing marginal utility concept | |
| 1459. |
The traditional view of conflict is: |
| A. | the belief that all conflict is harmful and must be avoide(d) |
| B. | the belief that conflict is a natural and inevitable outcome in any group. |
| C. | the belief that conflict is not only a positive force in a group but that it is absolutely necessary for a group to perform effectively. |
| D. | no generalization about conflict is appropriate. |
| Answer» B. the belief that conflict is a natural and inevitable outcome in any group. | |
| 1460. |
If price of Tea increases the demand of coffee will |
| A. | Increase |
| B. | Decrease |
| C. | Remain same |
| D. | Cannot say |
| Answer» B. Decrease | |
| 1461. |
Which of the following is near money? |
| A. | Bill of exchange |
| B. | Saving bonds |
| C. | Gilt edged securities |
| D. | All the three |
| Answer» E. | |
| 1462. |
Decision makers face ________ types of problems. |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| Answer» C. 4 | |
| 1463. |
The stages of group development are: |
| A. | initiating, storming, norming, performing, adjourning |
| B. | introduction, high productivity, decline |
| C. | Initiation, evolution, maturation, and decline. |
| D. | Forming, storming, norming, performing, adjourning. |
| Answer» E. | |
| 1464. |
In agricultural sector net value added is estimated by |
| A. | Income method |
| B. | Expenditure method |
| C. | Production method |
| D. | All the three |
| Answer» D. All the three | |
| 1465. |
Concern for employee motivation is most closely associated with which of the following managementapproach? |
| A. | Bureaucracy |
| B. | Organizational behavior |
| C. | Scientific management |
| D. | Systems |
| Answer» C. Scientific management | |
| 1466. |
Given Real GDP of 6.5% and rate of inflation of 5.5% nominal GDP will be……. |
| A. | 12% |
| B. | 10% |
| C. | 10.5% |
| D. | 9.5% |
| Answer» B. 10% | |
| 1467. |
The final step of the strategic management process is ___________. |
| A. | Doing an internal analysis |
| B. | Formulating strategies |
| C. | Implementing strategies |
| D. | Evaluating results |
| Answer» E. | |
| 1468. |
Which of the following leadership behaviours are identified by the path-goal theory? |
| A. | Supportive, employee-oriented, laissez-faire and participative |
| B. | Achievement-oriented, supportive, humanistic, and directive |
| C. | Participative, achievement-oriented, directive, and supportive |
| D. | Directive, participative, supportive, and laissez-faire |
| Answer» D. Directive, participative, supportive, and laissez-faire | |
| 1469. |
Which of the following is part of the 14 principles of management identified by Henri Fayol? |
| A. | Scalar chain |
| B. | Innovation |
| C. | Efficiency |
| D. | Motivation |
| Answer» B. Innovation | |
| 1470. |
If the price elasticity of demand for wine is estimated to be -.6, then a 20% increase in price of wine willlead to ………………….in quantity demanded of wine at that price |
| A. | 12% increase |
| B. | 12% decrease |
| C. | 19.6% increase |
| D. | 20.6% decrease |
| Answer» C. 19.6% increase | |
| 1471. |
The company announcement: SUCCESFUL SALE OF PLANT: 75 PER CENT OF 1,000 JOBS TO BE SAVED! The local newspaper headline: 250 JOBS TO GO AT PROCESSING PLANT What is illustrated here? |
| A. | Availability heuristic |
| B. | Judgemental bias |
| C. | Overconfidence |
| D. | Framing error |
| Answer» E. | |
| 1472. |
Shift in Demand curve or change in Demand curve occurs due to |
| A. | Increase in price |
| B. | Decrease in cost of production |
| C. | Change in Cetris paribus conditions |
| D. | All the three |
| Answer» D. All the three | |
| 1473. |
To achieve a compromising approach one needs to: |
| A. | avoid overt disagreement. |
| B. | value openness and trust. |
| C. | dominate the other conflicting party. |
| D. | give up something of value. |
| Answer» E. | |
| 1474. |
In question No. 220 X can be considered as |
| A. | Essential goods |
| B. | Luxury goods |
| C. | Inferior goods |
| D. | Normal goods |
| Answer» C. Inferior goods | |
| 1475. |
Kets de Vries (1996) identified that most successful leaders perform two roles. What are these roles? |
| A. | Charismatic and architectural |
| B. | Tough and supportive |
| C. | Directive and mentoring |
| D. | Intellectual and coaching |
| Answer» B. Tough and supportive | |
| 1476. |
"To understand communication in a meeting, we need to investigate the roles, personalities and values of every participant, as well as review the minutes taken and actions resulting from previous meetings." Which of Trenholm's perspectives is described here? |
| A. | Socio-phychological |
| B. | Cybernetic |
| C. | Psychosocial |
| D. | Pragmatic |
| Answer» E. | |
| 1477. |
When the price of complementary products increases, the demand of the other product will |
| A. | Falls |
| B. | Increases |
| C. | Remains same |
| D. | Increases by 25% |
| Answer» B. Increases | |
| 1478. |
EXIM Bank was established in |
| A. | Jan. 1982 |
| B. | March 1984 |
| C. | Fe(b) 2001 |
| D. | August 1975 |
| Answer» B. March 1984 | |
| 1479. |
Which of these indicates increase in welfare of the people? |
| A. | Increase in production of war time equipments |
| B. | Increase in production of food grains |
| C. | Spurt in smuggling activities |
| D. | Increase in production of Heroine, smack et(c) |
| Answer» B. Increase in production of food grains | |
| 1480. |
Successful teams translate their _______ into specific, measurable, and realistic performance goals. |
| A. | Roles |
| B. | norms |
| C. | common purpose |
| D. | skills |
| Answer» D. skills | |
| 1481. |
Encouraging group leaders to maintain an ongoing minimum level of conflict is part of the _____ view of conflict. |
| A. | functional |
| B. | traditional |
| C. | human relations |
| D. | interactionist |
| Answer» E. | |
| 1482. |
If price of coffee falls leading to increase in total outlay on coffee, the demand of coffee is |
| A. | Elastic |
| B. | Inelastic |
| C. | Unitary elastic |
| D. | Less than unit elastic |
| Answer» B. Inelastic | |
| 1483. |
In question No. 386, the National Income will be |
| A. | `5000 |
| B. | `6600 |
| C. | `6000 |
| D. | `5500 |
| Answer» E. | |
| 1484. |
Standing plans that furnish broad guidelines for channeling management thinking in specified direction are called |
| A. | Single-use plans |
| B. | Programs |
| C. | Procedures |
| D. | Policies |
| Answer» E. | |
| 1485. |
The recently emerged type of managerial job is ______________ |
| A. | Top Manager |
| B. | Middle Manager |
| C. | First Line Manager |
| D. | Team Leader |
| Answer» E. | |
| 1486. |
The human relations view of conflict advocates: |
| A. | encouraging conflict. |
| B. | open communication for resolving conflict. |
| C. | group therapy for resolving conflict. |
| D. | acceptance of conflict. |
| Answer» E. | |
| 1487. |
A willingness to accept a raise of $2 an hour rather than $3, to acknowledge partial agreement with aspecific viewpoint, and to take a partial blame for an infraction are examples of: |
| A. | avoiding. |
| B. | collaborating. |
| C. | accommodating. |
| D. | compromising. |
| Answer» E. | |
| 1488. |
If someone keeps some money for bad days, this demand for money is known by ……. motive of money |
| A. | Speculative |
| B. | Transaction |
| C. | Precautionary |
| D. | Store |
| Answer» D. Store | |
| 1489. |
Micro economics theory deals with |
| A. | Economic behavior of individual economic decision making units |
| B. | Economy as a whole |
| C. | Trade relations |
| D. | Economic growth of the society |
| Answer» B. Economy as a whole | |
| 1490. |
Law of variable proportion applies……………. |
| A. | When all inputs are variable |
| B. | When all input are fixed |
| C. | Some inputs are fixed and some are variable |
| D. | All the three |
| Answer» D. All the three | |
| 1491. |
Conflict: |
| A. | can be positively related to productivity. |
| B. | is always dysfunctional. |
| C. | can arise from diversity. |
| D. | all of the above |
| Answer» C. can arise from diversity. | |
| 1492. |
The resources within an organization, used to achieve its goal, make up the _________ of a business. |
| A. | External environment |
| B. | Internal environment |
| C. | Social responsibility |
| D. | Workers motivation |
| Answer» C. Social responsibility | |
| 1493. |
During the recessionary phase of a business cycle |
| A. | The natural rate of unemployment will increase dramatically |
| B. | Potential national income will exceed actual national income |
| C. | Actual national income will exceed potential national income |
| D. | The real rate of interest will exceed the nominal rate of interest. |
| Answer» B. Potential national income will exceed actual national income | |
| 1494. |
Only managers can be true leaders, because they have the ability to influence others. |
| A. | True |
| B. | False |
| C. | none |
| D. | none |
| Answer» C. none | |
| 1495. |
In an organization that has high centralization…………… |
| A. | Problem can be quickly and efficiently solved |
| B. | The corporate headquarters is located centrally to branch offices |
| C. | Top managers make all the decisions-lower-level managers merely carry out directions |
| D. | All top-level officials are located within the same geographic area |
| Answer» D. All top-level officials are located within the same geographic area | |
| 1496. |
The market state that satisfy all the essential features of a perfect competitive market except identity of product is known as |
| A. | Oligopoly |
| B. | Duopoly |
| C. | Monopoly |
| D. | Monopolistic competition |
| Answer» E. | |
| 1497. |
The conflict-handling orientation that combines assertiveness and cooperation is: |
| A. | collaborating. |
| B. | competing. |
| C. | avoiding. |
| D. | accommodating. |
| Answer» B. competing. | |
| 1498. |
Who proposed “ bureaucratic structure” is suitable for all organization |
| A. | Elton Mayo |
| B. | Henry Fayol |
| C. | F.W. Taylor |
| D. | Max Weber |
| Answer» E. | |
| 1499. |
Various moderating variables determine whether a manager will act in an ethical or unethical manner. Which of the following individual characteristics indicates the degree to which people believe they are masters of their own fate? |
| A. | Perception |
| B. | Value |
| C. | Attitude |
| D. | Locus of Control |
| Answer» E. | |
| 1500. |
GAP analysis: |
| A. | Is a planning approach for determining where an organization as today. |
| B. | Is a planning approach for determining how an organization will reach its goals. |
| C. | Provides a diagram showing a company's present momentum and its potential. |
| D. | All of the above. |
| Answer» E. | |